Quick Update for NIO (NIO) Investors

By Susan Ramirez • Tuesday, August 29 15:43 • Permanent Link

More and more people are talking about NIO over the last few weeks. Is it worth buying the Financial Data & Stock Exchanges stock at a price of $10.83? Only time will tell. The information below will give you a basic idea of what this investment may entail:

NIO has moved -45.0% over the last year, and the S&P 500 logged a change of 14.0%
Its trailing earnings per share (EPS) is $-1.49
NIO has a trailing 12 month Price to Earnings (P/E) ratio of -7.3 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $-0.53 and its forward P/E ratio is -20.4
The company has a Price to Book (P/B) ratio of 0.91 in contrast to the S&P 500's average ratio of 2.95
NIO is part of the Finance sector, which has an average P/E ratio of 14.34 and an average P/B of 1.57
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service. In addition, it provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and routine maintenance; courtesy vehicle services; roadside assistance; data packages; and auto financing and financial leasing services. Further, the company involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. Additionally, it offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.